Coinbase Global (COIN) Return on Sales [ROS] (2020 - 2026)
Coinbase Global (COIN) recorded Return on Sales [ROS] of -9.30% in Q2 2026, down 7.66 percentage points from -1.65% a year earlier and down 7.79 percentage points from the prior quarter.
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Analysis
Coinbase Global (COIN) Return on Sales [ROS] (2020 - 2026) Analysis & Trends
On a TTM basis, Coinbase Global's Return on Sales [ROS] came in at 9.86% as of Jun 30, 2026, down 17.03 percentage points year-over-year; for FY2025, it came in at 19.99%, down 15.16 percentage points from FY2024.
- Annual Return on Sales [ROS] has a five-year change of -12.02 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at 35.15% in FY2024 (+40.35 pp), -5.20% in FY2023 (+79.65 pp), -84.85% in FY2022 (-124.09 pp) and 39.24% in FY2021 (+7.23 pp).
- The Q2 2026 figure is the lowest quarterly Return on Sales [ROS] since Q3 2023.
- On a year-over-year basis, Return on Sales [ROS] has declined for three consecutive quarters, with an average year-over-year change of -5.02 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 118.81 percentage points in Q2 2023, against a drop of 168.47 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.52% (Q1 2026), 15.37% (Q4 2025) and 25.71% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.25 Bn | 8.48 Bn | - | 16.44% |
| 2 | Block | 46.20 Bn | 17.50 Bn | 3.17 Bn | 6.75% |
| 3 | Coinbase Global | 44.22 Bn | 1.03 Bn | - | -9.30% |
| 4 | Corpay | 26.77 Bn | 16.65 Bn | - | 35.28% |
| 5 | Fiserv | 26.33 Bn | 23.01 Bn | 2.90 Bn | 19.18% |
| 6 | Global Payments | 22.47 Bn | 264.15 Mn | 2.03 Bn | 10.15% |
| 7 | Guidewire Software | 15.92 Bn | 12.49 Bn | 269.68 Mn | 15.16% |
| 8 | Bitmine Immersion Technologies | 12.53 Bn | 9.91 Bn | 40.81 Mn | -25.50% |
| 9 | Jack Henry & Associates | 11.44 Bn | 11.34 Bn | 273.85 Mn | 21.24% |
| 10 | Chime Financial | 11.28 Bn | 7.08 Bn | 594.87 Mn | 3.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.30% |
| Mar 31, 2026 | -1.52% |
| Dec 31, 2025 | 15.37% |
| Sep 30, 2025 | 25.71% |
| Jun 30, 2025 | -1.65% |
| Mar 31, 2025 | 34.70% |
| Dec 31, 2024 | 45.52% |
| Sep 30, 2024 | 14.07% |
| Jun 30, 2024 | 23.67% |
| Mar 31, 2024 | 46.44% |
| Dec 31, 2023 | 12.12% |
| Sep 30, 2023 | -11.84% |
| Jun 30, 2023 | -10.39% |
| Mar 31, 2023 | -16.03% |
| Dec 31, 2022 | -88.20% |
| Sep 30, 2022 | -94.27% |
| Jun 30, 2022 | -129.20% |
| Mar 31, 2022 | -47.53% |
| Dec 31, 2021 | 36.92% |
| Sep 30, 2021 | 22.24% |
API Access
Coinbase Global Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();